tomo logo

$515,000

Beds
4
Baths
2.0
sq ft
1,910

2169 Highway 304, Smithville, TX 78957

2169 Highway 304

Smithville, TX 78957

  • 164 days on market
    • Price drop $10,000↓
This expansive 5-acre property offers the perfect blend of residential comfort and commercial potential, with a generous 1,000 feet of frontage on 304. Here’s your chance to own a versatile piece of real estate with unrestricted use and unlimited possibilities for development, including the potential for subdivision. The main house features an open living, dining, and kitchen area, along with 4 bedrooms that can easily be converted into office spaces if needed, and 2 baths. The property also includes a separate 450-square-foot guest house complete with a kitchen, bath, and laundry. Additionally, there is a detached two-car garage/workshop providing ample space for vehicles or projects. Full livestock fencing makes this property ready for agricultural use. Enjoy natural shade and privacy with good tree cover throughout. It offers an easy commute to Bastrop, Austin, and surrounding areas, and is just 40 minutes from the Austin airport. This property offers a unique combination of residential comfort, commercial potential, and investment flexibility. Whether you’re looking to establish a residence, start a business, or invest in a profitable venture, this property provides the perfect foundation.

Details

Property type

Single Family Residence

Est. home value

$448,982

Lot size

4.993 acres

Price per sq ft

$270

Year built

1978

Annual property taxes

$4,436

HOA

No

Price History

10/21/2024
Austin

Austin #2622384

Price change
$515,000
-1.9%
06/12/2024
Austin

Austin #2622384

Listed
$525,000

Schools & Community

Elementary school: 

Smithville

Middle school: 

Smithville

High school: 

Smithville

Community features: 

None

High school district: 

Smithville ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$403,599
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$70,201
Cash to seller
$403,599

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2011

Original loan amount

$98,592

Est. remaining balance

$70,201

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Lenise Daniel and Lenise Lyn Daniel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 9:30 AM

Listing updated: 11/08/2024 at 2:05 PM

Listed by: MELODY RODELA, KW-Austin Portfolio Real Estate Phone #: (512) 901-9600

MLS: Austin #2622384

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